Editor : Perry White
Content : Divide and Conquer, post-GFC inquiry, banks sub-prime
Tuesday 19th June 2012
A very experienced and senior police detective friend of mine once attempted to describe the nature of EVIL to me. It is not until very recently that I have come to appreciate the meaning of his words. My friend described a scenario involving possible serious danger and offered two choices of escape:
‘Imagine you find yourself in the middle of a dark and deserted alley late at night with the only exit being either ends of the alley. At one end stands a rough looking bikie type. He is dishevelled with teeth missing, tattoos on his arms and chains hanging from his belt. At the other end of the alley stands a well groomed business man type in a suit.’
The question my detective friend posed was in the instant requiring a decision, which way should one move? Instinctively I answered – well, towards the more trustworthy looking man in the suit. His answer to me came as a complete surprise. He suggested that from his experience and profiles he has studied that if danger existed it would more likely come from the man in the suit than the bikie type. Accordingly one would need to overcome their natural instincts fuelled by years of stereotyping. He pointed out that many of the worst crimes in society have been perpetrated by individuals armed with the cloak of respectability and gave numerous examples.
What do all these people have in common…?
a) They all look trustworthy
b) Their natures are indistinguishable in a crowd
c) They personalities are / were dominant and controlling
d) They lack the empathy required to fully comprehend the consequences of their actions
e) Each displayed psychopathic traits
f) Each was responsible for inflicting immeasurable suffering on others
From left to right they are:- Ted Bundy (serial killer), Ralph Norris (mass liquidator), David Berkowitz – Son of Sam (serial killer), Albert DeSalvo – Boston Strangler (serial killer), Bernie Madoff (mass thief and swindler).
The key to the crimes perpetrated by these individuals is their ability to disguise themselves with the cloak of respectability. This allowed them to gain the trust of individuals and use this trust to further their own ends at the expense of those individuals.
In the case of the banks worldwide they created sub-prime toxic products and were able to distribute these products because the products were perceived to come from a trusted source. The nature and level toxicity of these sub-prime products was such that they resulted in a global financial crisis the likes of which the world had never seen before.
For the purpose of absolute and utter clarity it was the banks as a whole that were responsible for the global financial crisis (GFC). This assertion is incontestable and is accepted by the rational world at large.
What is so shocking is the audacity with which the banks advantage themselves from the crisis they caused (note as an example the record profits of the CBA) and then pretend that they are the only solution to the problem. The technique they use has been espoused in previous articles and includes the mighty use of their financial clout and their planting of mis-information such that they are able to divide and conquer those who are awake up to them. The banks do this by fabricating stories that enable them wrongly point the finger at others. This finger pointing causes divisions within communities which takes the spotlight away from those who are the REAL bad guys (the banks) and focuses the heat on others.
These techniques the banks use at a local level as well as an international level. The example locally is the CBA pointing the finger at Storm ensuring that blame goes Storms way and then moving in to capture the high moral ground with a so-called resolution scheme that offers approximately $0.20 in the $1 for the losses they themselves caused. Furthermore in order for their victims to receive the paltry handout they must sign an agreement which accuses parties other than the bank of wrongdoing and which further insists that the victims must under no circumstances make any adverse comment whatsoever about the bank under pain having to refund even that $0.20.
At an international level exactly the same technique gets used with the most recent example being Greece (not to mention Spain, Portugal, Italy, Ireland, Iceland etc). In the case of Greece the GFC precipitated by the banks has led to a sovereign state being bankrupted with the international banking system setting up a ‘Greek resolution scheme’ (bailout) and having the Greek people forgetting that the banks are at fault by pointing the finger at the politicians and the government, creating dissention and taking the focus away from those banks who caused the GFC in the first place.
The battle between good and evil continues with evil making huge inroads. This success by the banks has happened mainly because quite simply it has been allowed to happen. Just ponder the facts that the Italian PM was sacked without an election and replaced by a banker, the previous Greek PM was sacked and replaced by a banker without an election, and for heaven’s sake a former banker responsible for the creation of subprime instruments has been appointed as the head of the Australian Securities and Investments Commission.
Quite clearly the banks divide and conquer strategy has so far worked. The bank instigated fighting between the banks victims with other of the banks victims, the banks victims with their own lawyers, the lawyers with other lawyers has all allowed the focus to come off the real bad guys are…the banks.
It is important to remember – “All that is necessary for evil to triumph is for good men and women to do nothing”. All that is happening now is that good men are doing nothing effective other than fighting among themselves. The Plain Truth is a forum which has had some success at re-focusing the fight back where it belongs against the banks. We ask you, the readers and victims, that you show your support and help yourselves and others by looking at the facts and ONLY the facts.
The Editor
The Plain Truth,
PO Box 2783
New Farm QLD 4005
Content : Divide and Conquer, post-GFC inquiry, banks sub-prime